To foster and finance scientific and technological research and the activities that promote that type of advances in the country.

To encourage the development of the national economy, improve the quality of life considering the alignments established by the Argentine government.

To promote exchange and scientific and technological cooperation in the country and abroad.

To provide grants for research projects, fellowships for training and further education of university graduates to conduct scientific research in Argentina and in other countries.

To organize and fund institutes, laboratories and research centers in Universities, official or private institutions, or under the scope of the CONICET.

To manage the Careers of Scientific Researcher and Support Staff Personnel for Research and Development.

To institute awards, credits and other actions to support scientific research.

To provide advice to public and private entities.